Copenhagen, 28 November 2025 - Cadeler today announces the successful delivery
of Wind Mover, the tenth vessel to join the company's growing fleet of
next-generation wind turbine installation vessels (WTIVs). The vessel is
delivered ahead of schedule and will, following her mobilisation, head directly
into operations in Europe.

Wind Mover becomes the tenth vessel on the water for Cadeler and the second in
the M-class series, following the delivery of her sister vessel, Wind Maker,
earlier this year. Both vessels are engineered to meet the demands of tomorrow's
offshore wind projects, combining efficiency, flexibility, and lifting capacity
to support the world's largest offshore wind developments.

The new vessel was constructed at the Hanwha Ocean Shipyard in Korea. It has
been delivered ahead of schedule, within budget, and with a strong safety record
during construction. The design is a result of cooperation between Cadeler and
its key partners, including Hanwha Ocean, ABB, Kongsberg, GustoMSC and Huisman. 

Wind Mover is already contracted for work in Europe immediately upon her
delivery, as announced earlier this year. 

Equipped with a 2,600-tonne main crane, a DP2 positioning system, and capable of
operating in water depths of up to 65 metres, Wind Mover is purpose-built to
install and maintain the next generation of offshore wind turbines and
foundations. Her design enables high efficiency in challenging offshore
conditions and ensures readiness for the industry's increasing scale.

Mikkel Gleerup, CEO of Cadeler, comments: "The delivery of Wind Mover, ahead of
schedule, represents another step in our long-term strategy to operate the most
advanced and versatile fleet in the offshore wind sector. With both Wind Mover
and Wind Maker now delivered, we are well-equipped to meet the scale and
complexity of global offshore wind projects. After her delivery, Wind Mover will
head straight to work installing and maintaining the largest turbines in the
market." 

With five newbuild vessels delivered this year, Cadeler has doubled its fleet in
just twelve months, expanding from five to ten wind turbine installation
vessels. By mid-2027, Cadeler will operate a 12-vessel fleet - the largest and
most versatile installation fleet in the offshore wind industry.

***

For further information, please contact:  

Cadeler Press Office:
press@cadeler.com

Mikkel Gleerup 
CEO, Cadeler 
+45 3246 3102 
mikkel.gleerup@cadeler.com  

Alexander Simmonds 
EVP & CLO, Cadeler 
+44 7376 174172 
alexander.simmonds@cadeler.com 


About Cadeler: 

Cadeler A/S (Cadeler) is a global leader in offshore wind installation,
operations, and maintenance services. Cadeler is a pure play company, operating
solely in the offshore wind industry with an uncompromising focus on safety and
the environment. Cadeler owns and operates the industry's largest fleet of
jack-up offshore wind installation vessels and has for more than 10 years been a
key supplier in the development of offshore wind energy to power millions of
households. Cadeler's fleet, expertise and capacity to handle the largest and
most complex next-generation offshore wind installation projects positions the
company to deliver exceptional services to the industry. Cadeler is committed to
being at the forefront of sustainable wind farm installation and to enabling the
global energy transition towards a future built on renewable energy. Cadeler is
listed on the New York Stock Exchange (ticker: CDLR) and the Oslo Stock Exchange
(ticker: CADLR). For more information, please visit www.cadeler.com